Neos S&P 500(R) High Income ETF (SPYI)Derivative Income | Exchange Traded Fund | Cboe US
52.55 USD
+0.35
(0.670%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 52.56 +0.01 (0.019%) ⇧ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 1:17 a.m. EDT
SPYI is in a strong short-term structural recovery phase. After hitting a low around $43-44 recently, the asset has bounced aggressively to retest the $52 level, supported by consistent monthly distributions of ~$0.52. While the 'high income' label is misleading—it generates returns primarily through 94%+ Return of Capital (NAV erosion logic) rather than pure cash yield—the underlying equity strategy (S&P 500) plus boosted options flow suggests the fund is defending value well. The price action is reclaiming the 50-day and 200-day averages, confirming a bullish medium-term trend. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.018050 |
| AutoETS | 0.023636 |
| MSTL | 0.024306 |
| AutoARIMA | 0.025833 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 6.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.083 |
| Excess Kurtosis | -0.19 |
| Attribute | Value |
|---|---|
| Trailing P/E | 27.37 |
As of April 19, 2026, 1:17 a.m. EDT: Speculators are aggressively positioning calls (IV 0.08-0.1) while calling for upside near $52-$53, evidenced by heavy OI at the 52 and 53 strikes. Conversely, put activity is significantly lower in volume (vol 176-453 vs 257-567) but elevated in OTM strikes relative to calls. July flows show notable volume above the 57 strike, suggesting some hedging or bullish cap-setting. The OTM OI ratio for calls is tight (0.15-0.65), while for puts it is higher (0.67-1.0), indicating a net bullish sentiment from the out-of-the-money side, with traders more prepared to defend downside than capture extreme upside immediately.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.02% | 12.85% | 14.61% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-18 | 0.510 | 1.019388 |
| 2026-02-18 | 0.522 | 1.013946 |
| 2026-01-21 | 0.531 | 1.037042 |
| 2025-12-24 | 0.532 | 1.034999 |
| 2025-11-26 | 0.522 | 1.037123 |
| 2025-10-22 | 0.527 | 1.065689 |
| 2025-09-24 | 0.527 | 1.076452 |
| 2025-08-20 | 0.518 | 1.090592 |
| 2025-07-23 | 0.511 | 1.087198 |
| 2025-06-25 | 0.505 | 1.108557 |
| 2025-05-21 | 0.506 | 1.151565 |
| 2025-04-23 | 0.462 | 1.129698 |
| 2025-03-26 | 0.506 | 1.172491 |
| 2025-02-26 | 0.514 | 1.156268 |
| 2025-01-22 | 0.517 | 1.152970 |
| 2024-12-24 | 0.516 | 1.153586 |
| 2024-11-20 | 0.521 | 1.185314 |
| 2024-10-23 | 0.520 | 1.206177 |
| 2024-09-25 | 0.515 | 1.210198 |
| 2024-08-21 | 0.556 | 1.332252 |
| 2024-07-24 | 0.509 | 1.257214 |
| 2024-06-26 | 0.505 | 1.245124 |
| 2024-05-22 | 0.500 | 1.261309 |
| 2024-04-24 | 0.489 | 1.271162 |
| 2024-03-20 | 0.501 | 1.274268 |
| 2024-02-21 | 0.497 | 1.310539 |
| 2024-01-24 | 0.490 | 1.311072 |
| 2023-12-20 | 0.485 | 1.330211 |
| 2023-11-22 | 0.478 | 1.335943 |
| 2023-10-25 | 0.465 | 1.360586 |
| 2023-09-20 | 0.490 | 1.379725 |
| 2023-08-23 | 0.486 | 1.367762 |
| 2023-07-26 | 0.505 | 1.394550 |
| 2023-06-22 | 0.497 | 1.407417 |
| 2023-05-24 | 0.487 | 1.443647 |
| 2023-04-26 | 0.482 | 1.456472 |
| 2023-03-22 | 0.466 | 1.450863 |
| 2023-02-23 | 0.472 | 1.458939 |
| 2022-12-23 | 0.461 | 1.470548 |
| 2022-11-23 | 0.478 | 1.473580 |
| 2022-10-26 | 0.465 | 1.499593 |
| 2022-09-21 | 0.485 | 1.559123 |
| Attribute | Value |
|---|---|
| All Time High | 53.38 |
| All Time Low | 41.6 |
| Ask | 52.6 |
| Ask Size | 16,100 |
| Average Daily Volume10 Day | 4,453,020 |
| Average Daily Volume3 Month | 5,014,277 |
| Average Volume | 5,014,277 |
| Average Volume10Days | 4,453,020 |
| Beta3 Year | 0.69 |
| Bid | 52.56 |
| Bid Size | 19,500 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 52.64 |
| Day Low | 52.36 |
| Dividend Yield | 0.39 |
| Eps Trailing Twelve Months | 1.9199994 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 51.1765 |
| Fifty Day Average Change | 1.3735008 |
| Fifty Day Average Change Percent | 0.026838508 |
| Fifty Two Week Change Percent | 18.435883 |
| Fifty Two Week High | 53.38 |
| Fifty Two Week High Change | -0.83000183 |
| Fifty Two Week High Change Percent | -0.015548929 |
| Fifty Two Week Low | 43.909 |
| Fifty Two Week Low Change | 8.640999 |
| Fifty Two Week Low Change Percent | 0.19679333 |
| Fifty Two Week Range | 43.909 - 53.38 |
| First Trade Date Milliseconds | 1,661,866,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Neos Funds |
| Fund Inception Date | 1,661,731,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the S&P 500® Index and a call options strategy, which consists of a mix of written (sold) call options and long (bought) call options on the S&P 500® Index. Under certain circumstances, the call options strategy may include transactions with covered call options. |
| Long Name | Neos S&P 500(R) High Income ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1789795442 |
| Nav Price | 52.5588 |
| Net Assets | 8,121,667,600.0 |
| Net Expense Ratio | 0.68 |
| Open | 52.36 |
| Phone | 9,144,435,008 |
| Post Market Change | 0.010002136 |
| Post Market Change Percent | 0.01903356 |
| Post Market Price | 52.56 |
| Post Market Time | 1,776,470,370 |
| Previous Close | 52.2 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.349998 |
| Regular Market Change Percent | 0.670495 |
| Regular Market Day High | 52.64 |
| Regular Market Day Low | 52.36 |
| Regular Market Day Range | 52.36 - 52.64 |
| Regular Market Open | 52.36 |
| Regular Market Previous Close | 52.2 |
| Regular Market Price | 52.55 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 3,829,036 |
| Short Name | NEOS S&P 500 High Income ETF |
| Source Interval | 15 |
| Symbol | SPYI |
| Three Year Average Return | 0.16126351 |
| Total Assets | 8,121,667,584 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 27.3698 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.06102 |
| Trailing Three Month Returns | -3.06102 |
| Triggerable | 1 |
| Two Hundred Day Average | 51.864826 |
| Two Hundred Day Average Change | 0.68517303 |
| Two Hundred Day Average Change Percent | 0.0132107455 |
| Type Disp | ETF |
| Volume | 3,829,036 |
| Yield | 0.0039 |
| Ytd Return | -3.06102 |